Running discussion on SP, page-60201

As a minimum to confirm the breakout today we need to close above prev high of 73.5c. If this occurs then expect strong push on upwards from here .

If nothing else remember there is no other lithium stock listed either on ASX or on any other exchange that has the lithium (and Tin) grade/size/depth resource combination that AVZ has @ target of +1.5bt. I expect some of the rally recently has been due to the discovery by many on different exchanges of this fact. There will be a premium to the worlds biggest and best there always will be, Especially in a screaming lithium bull. This premium has not yet been assigned to AVZ value/mcap wise. Slowly and steadily we are rerating disproportionately more to our peer group... And so we should!!

AVZ will be the Lithium Bellwether with time. The one others compare against. As far as peers go you'd better start thinking of the likes of SQM and Albemarle as that will be our group in a shortly with lithium production/expansion. As Ive said previously worldwide mining giants (Eg, RIO, BHP, FMG, Glencore etc ) are born from resources like this which are massive cash cows when in production. It enables the company, flush with cash, to make a series of blue ribbon world class acquisitions and diversify into other minerals which is the path these multinationals took relatively early on. That is, assuming we don't get acquired/swallowed by one of them.

Anyway back to the present, There is an acute shortage of lithium worldwide right now and even more so in the short to medium term and will be for next 10 years+. The new energy revolution needs a massive amount of lithium. ...and AVZ has masses of it.

Seriously, what to you think will happen here ... its the biggest no brainer investment Ive ever seen and Ive been around on markets for long time now.

What would you value a company with 10-20% of known light crude oil reserves back in 1910 when the mass production of cars started to take off? What if you held that same company for 10 years or 25 years or 50yrs and passed it on to your children? So is it possible to 20 bag from here? ....Absolutely, that is if you can hold long enough.